Federal Register of Legislation - Australian Government

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Other as made
The instrument declares five financial benchmarks as significant financial benchmarks which, in ASIC’s opinion at the time of making the Instrument, meet each of the criteria in subsection 908AC(2) of the Corporations Act.
Administered by: Treasury
Registered 07 Jun 2018
Tabling HistoryDate
Tabled HR18-Jun-2018
Tabled Senate18-Jun-2018
Table of contents.

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ASIC Corporations (Significant Financial Benchmarks) Instrument 2018/420

I, Oliver Harvey, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.


Date    6 June 2018




Oliver Harvey


Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Significant Financial Benchmarks) Instrument 2018/420.

2        Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

Note:    The register may be accessed at www.legislation.gov.au.

3        Authority

This instrument is made under section 908AC of the Corporations Act 2001.

4        Definitions

In this instrument:

financial benchmark has the meaning given by section 908AB of the Corporations Act 2001.

Part 3—Declaration

5        Significant financial benchmarks

Each of the following financial benchmarks is a significant financial benchmark:

(a)     the Australian Bank Bill Swap Rate;

(b)     the S&P/ASX 200 Index;

(c)     the ASX Bond Futures Settlement Price;

(d)     the Australian Interbank Overnight Cash Rate;

(e)     the Australian Consumer Price Index.